Tarek Sultan

Tarek Sultan is the Vice Chairman and CEO of Agility Public Warehousing Company, Kuwait's largest logistics enterprise. Sultan orchestrated one of the most significant strategic pivots in Middle Eastern business history when he sold Agility's core Global Integrated Logistics (GIL) business to Denmark's DSV in 2021 for $4.4 billion, making Agility a major DSV shareholder and fundamentally transforming the company's investment profile. Post-GIL sale, Agility operates as a logistics-focused investment holding company. Its portfolio includes Agility Logistics Parks (one of the largest warehouse developers in the Middle East, South Asia, and Africa), Shipa (digital logistics platform), National Aviation Services (ground handling and airport services), and a substantial stake in DSV. Sultan's vision is to capture the infrastructure layer of emerging market logistics rather than competing in the commoditized freight forwarding business. His key decisions involve capital allocation across Agility's portfolio companies, the pace of warehouse development in high-growth markets (particularly Saudi Arabia's Vision 2030 logistics buildout), monetization strategy for the DSV stake, expansion of digital logistics capabilities, and opportunistic investments in logistics technology. Agility's valuation is a sum-of-parts story driven by the DSV holding value and the growth trajectory of its infrastructure businesses.